How to fill 300,000 square feet of fresh retail space
Big downtown real estate projects are expected to add that much room to the retail inventory, and advocacy group Downtown Indy is jumping in to help drum up interest.
Retail
Articles
CVS-Aetna deal could hinge on antitrust approach under Trump
CVS Health Corp.’s $67.5 billion takeover of Aetna Inc. will test the administration’s approach to far-reaching corporate takeovers, just weeks after the U.S. government sued to block a major telecommunications merger.
UPDATE: CVS buying Aetna for $67B, shaking up health care industry
The deal comes as the health sector is looking over the horizon at Amazon.com Inc., and how the company could transform the business of buying, distributing and selling drugs and medical products if it gets into health care.
Macy’s to add 7,000 workers amid strong holiday sales
Macy's needs a good holiday season after suffering 11 straight quarters of sales declines.
Posh downtown restaurant in Alexander hotel closing at end of month
The owner announced on Friday that the Asian-inspired fine-dining establishment will stop serving on Dec. 31, after a five-year run in the CityWay development.
Lids’ poor performance leads parent firm to cut outlook
Genesco’s stock price fell by 20 percent Friday morning after Zionsville-based Lids Sports Group reported a 9.5 percent drop in sales, prompting the parent company to reduce its full-year outlook.
Cajun eatery in Fountain Square to close before Christmas
In a Facebook post, B’s Po Boy said it couldn’t maintain enough business year-round to stay open.
Carmel’s holiday market, ice rink draw big crowds in opening days
The Carmel Christkindlmarkt and Ice at Center Green attracted 48,000 visitors during the first five days they were open, the city said. And market sales were “robust,” organizers said.
Arby’s owner agrees to acquire Buffalo Wild Wings for $2.4 billion
Roark Capital is likely to focus first on improving Buffalo Wild Wings’ food and operations, which should be easy fixes for a firm that experienced in the restaurant industry, an analyst said.
Familiar faces return to Greek dining mainstay
The owners of the Fountain Square institution are back to handling daily operations, after turning management over to an outside company in September.
Shoppers take to their phones for Cyber Monday deals
More people are picking up their phones to shop on Cyber Monday: Web traffic from mobile devices, including tablets, was expected to top desktop computers for the first time this year.
Chatterbox, a bar that’s barely changed, has helped transform Mass Ave
When David Andrichik bought the Chatterbox in 1982, it sat on a street pocked with second-floor sleeping rooms and grungy storefront businesses.
After bumpy year, retailers see cause for holiday optimism
The National Retail Federation is projecting holiday retail sales will increase 4 percent over last year, to $682 billion, on stronger employment and rising incomes.
Pizza restaurant in downtown Fishers abruptly closes
The North Carolina-based chain signed on as the anchor tenant to a key $42 million apartment and retail project in July 2014.
Too many turkeys, cranberries should mean cheaper Thanksgiving
Thanks to an oversupply, there should be plenty of turkey for second helpings this Thanksgiving. Not to mention cranberries.
Andretti Autosport sued over sponsorship money from HHGregg
A group representing the unsecured creditors of HHGregg has filed suit against Andretti Autosport in an attempt to claw back nearly $1.5 million in sponsorship money the now-defunct retailer paid the racing team in the months leading up to its bankruptcy.
Northwest-side hotel, water park shuts down
The once-popular Caribbean Cove has closed its doors, along with the national chain restaurant that operated within the hotel.
Plan to develop 211 acres at Fishers airport site takes flight
Local officials say the land, part of Indianapolis Metropolitan Airport, could house up to 1 million square feet of new commercial development under a plan approved on Friday.
Carson’s parent Bon-Ton planning to close 40 stores
Bon-Ton, which operates 260 department stores under several names across 24 states, has just one store in Indianapolis, but that store is the only anchor in Circle Centre mall.
Packaging firm BoxUp capitalizing on ‘unboxing’ trend
Indiana-based BoxUp lets consumers customize cardboard boxes with their own logos, photos and designs and then order small (or large) quantities with a few clicks of the mouse.